Achievements of the people’s Abkhazia // Where the citizens of the Russian Federation spent their summer

The summer season turned out to be better for the tourist market than its participants expected. Due to the recovery in demand and rising prices, the volume of bookings in physical and monetary terms increased compared to the previous year. Abkhazia has become the most growing destination for summer travel this year, partially replacing Crimean … Read more

Don’t shoot a chess player // It was found out how the Bank of Russia beats the markets: it calculates better

In a series of reports by the Bank of Russia, a publication was published on one of the most interesting topics for the market – about the “surprises” of monetary policy (MP). The conclusions of the authors: the main role in the fact that the signals of the Central Bank are rarely accurately guessed by … Read more

Inflation decreased in July in most regions // Infographics

In July, annual inflation in the regions ranged from 3.3% in the Chukotka Autonomous Okrug to 20% in Ingushetia. Compared to June, it has decreased in most regions, according to information and analytical materials of the Central Bank. The largest decrease (about two percentage points) was recorded in Karelia and the Arkhangelsk region. The growth … Read more

The UN is not a friend to bitcoin // UNCTAD sees the need to tighten control over the cryptocurrency market

Cryptocurrencies help blur the tax base and undermine capital controls in developing economies, follows from the work of the United Nations Conference on Trade and Development (UNCTAD). In most of these countries, there is no tax regulation of cryptocurrencies, and their users have no incentive to report their assets. The problem of capital outflow is … Read more

World food prices continue to decline // Infographics

The FAO Food Price Index continues to decline for the fourth consecutive month from the record highs recorded in March. In July, the average value of the index was 140.9 points, which is 13.3 points, or 8.6%, lower than in June. This is the sharpest decline since October 2008, according to FAO materials. It is … Read more

The Bank of England made its bet // The British regulator supported the trend towards tightening monetary policy

The Bank of England on Thursday, following the US Federal Reserve System and the European Central Bank, decisively raised the interest rate – by 50 basis points at once, to 1.75% per annum. This was the most significant increase in the indicator over the past 27 years. In this way, the regulator is trying to … Read more

The Internet is considered by age // Monitoring IT

The growth in Internet use associated with the pandemic has not improved the digital skills of Russians, the gap in the level of competencies between the most adapted to the Internet youth and older citizens has only grown, experts from the HSE Institute for Statistical Research and Economics of Knowledge (ISSEK) conclude. At the same … Read more

Enlightenment is not without difficulty // A shortage of teachers has formed in the Russian Federation

As follows from the data of the Center for the Economics of Lifelong Education of the RANEPA, in most federal districts in the Russian Federation there is a shortage of teachers, teaching staff and school leaders. In the country as a whole, the number of vacancies in the general education sector exceeds the number of … Read more